Kraken Warns Customers of Phishing Attacks

Kraken has become the most recent victim of phishing attacks.

The virtual currency exchange warned their customers after many have reported the attacks. The incidents began with phishing sites popping up in search engines and/or suspicious emails. According to Kraken, the attackers obtained customer emails, usernames, and passwords through another bitcoin company.

In a post, the exchange advises its customers to pay close attention to not only the ads, but the links as well. Some domains will either lack “HTTPS” in the URL or add an additional character to the domain name. If at all possible, users should bookmark the original site or type in the site themselves.

Last month, Kraken suffered a breach. Some accounts were compromised due to lack of personal security; it is said users did not enable their 2FA (two-factor authentication).

As a result, Kraken updated their security. Users will now receive email notifications to confirm withdrawals. If the withdrawal is not approved within an hour, the transaction will be cancelled. This email will also include a link to lock your account if you did not request the withdrawal.

If you feel you or your account has been compromised, Kraken asks you to contact their support team.

New Hampshire native, Danielle Meegan, is a writer based in Los Angeles. She has been published in a couple of sports and entertainment magazines and newspapers throughout the years and has dabbled with multiple virtual currency exchanges to understand the 'ins and outs' of trading. Danielle has invested in over 15 different virtual currencies, including Ether.